Ether wallet addresses with at least 1 ETH hit record high
Ether wallet addresses record-breaking metrics could bode well for the cryptocurrency's “network effects.” The Bitcoin (BTC) bull run may be dominating headlines, but the stalwart cryptocurrency isn't the only coin to be showing strong positive indicators.According to data from glassnode alerts, the number of Ether (ETH) wallet addresses holding a minimum of 1 ETH hit an all-time high on Nov. 19: #Ethereum $ETH Number of Addresses Holding 1+ coins just reached an ATH of 1,170,598 Previous ATH of 1,170,508 was observed earlier today View metric:https://t.co/IuKpD48IXd....
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The number of Ethereum addresses holding less than 0.01 ETH and 0.1 ETH has been climbing since early November against an ongoing price correction. Ethereum's native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities.According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses holding less than or equal to 0.01 ETH reached a record high level of 19.95 million on Dec. 4,....
The Ethereum community has been getting prepared ahead of the launch of ETH 2.0, with a record number of wallets now holding at least 32 ETH. Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today's launch of the deposit contract introduced the ability for users to deposit 32 Ether required to participate in staking. ETH 2.0's beacon chain genesis will take place on Dec. 1 if at least 16,384 deposits of 32 ETH each are received. That’s a total of 524,288 ETH, or about $200 million worth. Hours after....
For those CoinDesk readers who have started trading with Bitcoin, there is the inevitable concern of how to protect ones' wallet. The so-called wallet is a simple data file that contains a set of Bitcoin (or insert your preferred currency here) addresses. That's all you need to keep your Ecoins with you. The block chain is copied to every single client has a list of every single transaction and balance for your given currency, e.g. Bitcoin. The security of the wallet depends on the security of your computer or smartphone. What if you could embed your money inside your mind? We explain how....
Strong hands backed ether's rally to record highs, on-chain data suggests.
DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal. While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building.Santiment, a cryptocurrency data analytics firm, recently noted that the number of deposits to exchanges has been decreasing since the start of September. According to the firm, the number of addresses used to send Ether to exchanges has seen a 53% decline since Sept. 1.Ether daily deposits in the last 6 months.....